JSM Preliminary Online Program
This is the preliminary program for the 2009 Joint Statistical Meetings in Washington, DC.

The views expressed here are those of the individual authors
and not necessarily those of the ASA or its board, officers, or staff.

Back to main JSM 2009 Program page

Activity Number: 205
Type: Topic Contributed
Date/Time: Monday, August 3, 2009 : 2:00 PM to 3:50 PM
Sponsor: Business and Economic Statistics Section
Abstract - #303753
Title: The CES/JOLTS Divergence: How to Apply the Monthly Alignment Method to Help Close the Gap
Author(s): Jeannine M. Mercurio and Edmond Cheng*+
Companies: Bureau of Labor Statistics and Bureau of Labor Statistics
Address: 2 Massachusetts Ave NE RM 4860, Washington, DC, 20212,
Keywords:
Abstract:

Both the Job Openings and Labor Turnover Survey (JOLTS) and the Current Employment Statistics (CES) survey are conducted on a monthly basis by the U.S. Bureau of Labor Statistics. The data collected by each of these surveys differs in that JOLTS focuses on: number of job openings, hires, quits, layoffs and discharges, and other separations; while, CES focuses on employment, hours, and earnings of workers on nonfarm payrolls. Conceptually, the difference between JOLTS hires and separations should be very similar to the CES net employment change, but over its history the implied JOLTS series has exhibited a large and growing divergence from CES trends. As a result, a monthly alignment method based on seasonally adjusted JOLTS and CES data was developed, which mitigates the diverging trends between the series while preserving their seasonality.

  • The address information is for the authors that have a + after their name.
  • Authors who are presenting talks have a * after their name.

Back to the full JSM 2009 program


JSM 2009 For information, contact jsm@amstat.org or phone (888) 231-3473. If you have questions about the Continuing Education program, please contact the Education Department.
Revised September, 2008